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On January 1, 20Y1, Marlow Corporation had the following shareholders' equity account balances: During 20Y1,...

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Accounting

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On January 1, 20Y1, Marlow Corporation had the following shareholders' equity account balances: During 20Y1, the following events occurred in the order listed and were properly recorded: 1. The company issued 3,000 shares of common stock at $25 per share. 2. The company earned net income of $126,300. 3. The company paid a $1.20 per share dividend on its common stock. What is the ending balance on the statement of changes in shareholders' equity for 20V1

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